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Leases (Tables)
3 Months Ended
Mar. 31, 2024
Leases [Abstract]  
Schedule of Occupancy Expense and Supplemental Cash Flow Information Related to Operating Leases
Our lease expense is a component of "Occupancy expense" on our condensed consolidated statements of earnings. The following table presents the components of lease expense for the periods indicated:
Three Months Ended
March 31,
20242023
(In thousands)
Operating lease expense:
Fixed costs$9,435 $7,748 
Variable costs48 35 
Short-term lease costs66 357 
Sublease income(1,196)(712)
Net lease expense$8,353 $7,428 
Schedule of Cash Flow, Supplemental Disclosures
The following table presents supplemental cash flow information related to leases for the periods indicated:
Three Months Ended
March 31,
20242023
(In thousands)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$7,746 $8,963 
ROU assets obtained in exchange for lease obligations:
Operating leases$1,183 $2,196 
Schedule of Supplemental Balance Sheet Information Related to Operating Leases
The following table presents supplemental balance sheet and other information related to operating leases as of the dates indicated:
March 31,December 31,
20242023
(Dollars in thousands)
Operating leases:
Operating lease right-of-use assets, net$125,383 $133,126 
Operating lease liabilities$153,298 $161,308 
Weighted average remaining lease term (in years)6.06.1
Weighted average discount rate3.41 %3.40 %
Schedule of Maturities of Operating Leases
The following table presents the maturities of operating lease liabilities as of the date indicated:
March 31, 2024
(In thousands)
Period ending December 31,
2024$30,606 
202534,841 
202628,152 
202720,386 
202816,248 
Thereafter41,304 
Total operating lease liabilities171,537 
Less: Imputed interest(18,239)
Present value of operating lease liabilities$153,298 
Schedule of Payments to be Received on Operating Leases The following table presents the rental payments to be received on operating leases as of the date indicated:
March 31, 2024
(In thousands)
Year Ending December 31,
2024$34,210 
202539,965 
202635,321 
202728,349 
202824,223 
Thereafter64,371 
Total undiscounted cash flows$226,439